CrowdStrike Caused 1 of the Biggest IT Outages Ever. You'll Never Believe What Its CEO Said Is Happening With the Business Now.

A software defect in CrowdStrike's update caused a major IT outage, leading to a 40% stock drop. Despite initial panic, CEO George Kurtz's reassurances of business recovery are encouraging for long-term investors. CrowdStrike aims to achieve $10 billion in annual revenue by 2030.